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v3.21.1

Segment Information (Tables) | 9 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
Results of Operations | Results of Operations (In thousands)
| Three Months Ended |  | Nine Months Ended
| March 31, 2021 |  | March 31, 2020 |  | March 31, 2021 |  | March 31, 2020
Gross revenue |  |  |  |  |  |  |
Utility and Power Infrastructure | $ | 44,720 |  |  | $ | 55,670 |  |  | $ | 157,414 |  |  | $ | 152,552 |
Process and Industrial Facilities | 43,095 |  |  | 76,297 |  |  | 141,570 |  |  | 375,518 |
Storage and Terminal Solutions | 61,542 |  |  | 118,711 |  |  | 204,572 |  |  | 382,720 |
Total gross revenue | $ | 149,357 |  |  | $ | 250,678 |  |  | $ | 503,556 |  |  | $ | 910,790 |
Less: Inter-segment revenue |  |  |  |  |  |  |
Process and Industrial Facilities | $ | 261 |  |  | $ | 1,327 |  |  | $ | 1,543 |  |  | $ | 2,788 |
Storage and Terminal Solutions | 836 |  |  | 1,024 |  |  | 3,514 |  |  | 2,901 |
Total inter-segment revenue | $ | 1,097 |  |  | $ | 2,351 |  |  | $ | 5,057 |  |  | $ | 5,689 |
Consolidated revenue |  |  |  |  |  |  |
Utility and Power Infrastructure | $ | 44,720 |  |  | $ | 55,670 |  |  | $ | 157,414 |  |  | $ | 152,552 |
Process and Industrial Facilities | 42,834 |  |  | 74,970 |  |  | 140,027 |  |  | 372,730 |
Storage and Terminal Solutions | 60,706 |  |  | 117,687 |  |  | 201,058 |  |  | 379,819 |
Total consolidated revenue | $ | 148,260 |  |  | $ | 248,327 |  |  | $ | 498,499 |  |  | $ | 905,101 |
Gross profit (loss) |  |  |  |  |  |  |
Utility and Power Infrastructure | $ | (4,692) |  |  | $ | 3,138 |  |  | $ | 7,818 |  |  | $ | 1,744 |
Process and Industrial Facilities | (171) |  |  | 3,070 |  |  | 11,352 |  |  | 30,498 |
Storage and Terminal Solutions | 6,423 |  |  | 14,907 |  |  | 12,053 |  |  | 52,675 |
Corporate | — |  |  | (638) |  |  | — |  |  | (1,974) |
Total gross profit | $ | 1,560 |  |  | $ | 20,477 |  |  | $ | 31,223 |  |  | $ | 82,943 |
Selling, general and administrative expenses |  |  |  |  |  |  |
Utility and Power Infrastructure | $ | 2,356 |  |  | $ | 2,081 |  |  | $ | 7,154 |  |  | $ | 7,491 |
Process and Industrial Facilities | 3,882 |  |  | 5,343 |  |  | 11,319 |  |  | 19,666 |
Storage and Terminal Solutions | 4,792 |  |  | 6,165 |  |  | 13,854 |  |  | 19,942 |
Corporate | 6,149 |  |  | 6,129 |  |  | 19,704 |  |  | 19,475 |
Total selling, general and administrative expenses | $ | 17,179 |  |  | $ | 19,718 |  |  | $ | 52,031 |  |  | $ | 66,574 |
Intangible asset impairments and restructuring costs |  |  |  |  |  |  |
Utility and Power Infrastructure | $ | 403 |  |  | $ | 935 |  |  | $ | 1,226 |  |  | $ | 25,835 |
Process and Industrial Facilities | 781 |  |  | 4,087 |  |  | 3,645 |  |  | 17,702 |
Storage and Terminal Solutions | 590 |  |  | 821 |  |  | 1,244 |  |  | 821 |
Corporate | 86 |  |  | 716 |  |  | 470 |  |  | 716 |
Total asset impairments and restructuring costs | $ | 1,860 |  |  | $ | 6,559 |  |  | $ | 6,585 |  |  | $ | 45,074 |
Operating income (loss) |  |  |  |  |  |  |
Utility and Power Infrastructure | $ | (7,451) |  |  | $ | 122 |  |  | $ | (562) |  |  | $ | (31,582) |
Process and Industrial Facilities | (4,834) |  |  | (6,360) |  |  | (3,612) |  |  | (6,870) |
Storage and Terminal Solutions | 1,041 |  |  | 7,921 |  |  | (3,045) |  |  | 31,912 |
Corporate | (6,235) |  |  | (7,483) |  |  | (20,174) |  |  | (22,165) |
Total operating loss | $ | (17,479) |  |  | $ | (5,800) |  |  | $ | (27,393) |  |  | $ | (28,705) |
Total assets by segment were as follows:
|  | March 31, 2021 |  | June 30, 2020
Utility and Power Infrastructure |  | $ | 81,625 |  |  | $ | 67,398 |
Process and Industrial Facilities |  | 116,140 |  |  | 138,734 |
Storage and Terminal Solutions |  | 164,652 |  |  | 187,167 |
Corporate |  | 109,260 |  |  | 124,011 |
Total segment assets |  | $ | 471,677 |  |  | $ | 517,310 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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